Guinea 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$14.09 billion
↑ 4.80% vs 2019GDP per Capita
$1,053.66
↑ 2.16% vs 2019GDP Growth (Annual %)
4.70%
↓ 0.91pp vs 2019Inflation Rate (CPI %)
10.60%
↑ 1.13pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $13.44 billion | $14.09 billion | +4.80% |
| GDP per Capita | $1,031.34 | $1,053.66 | +2.16% |
| GDP Growth (Annual %) | 5.62% | 4.70% | -0.91pp |
| Inflation (CPI %) | 9.47% | 10.60% | +1.13pp |
| Unemployment Rate (%) | 5.02% | 6.02% | +1.00pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $14.09 billion
- GDP per Capita
- $1,053.66
- GDP Growth (Annual %)
- 4.70%
- Gross National Income
- $13.94 billion
Prices & Employment
- Inflation (CPI %)
- 10.60%
- Inflation (GDP Deflator %)
- 4.25%
- Unemployment Rate (%)
- 6.02%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 19.06%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Guinea's Gross Domestic Product (GDP) is $14.09 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Guinea for 2020 is $1,053.66. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Guinea for 2020 is 10.60%. This measures the annual percentage change in the cost of consumer goods and services.
Guinea's annual GDP growth rate for 2020 is 4.70%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Guinea for 2020 is 6.02%. This represents the percentage of the labor force that is unemployed and actively seeking employment.